$365,000
$10K PRICE DROP

Estimated payment $2,339/month

Total Views 3,076
5 Beds
3 Baths
2,709 Sq Ft
$135 Price per Sq Ft

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Granite Countertops
  • Pensacola High School Rated A-
  • Corner Lot
  • Circular Driveway

About This Home

Conveniently located just 2.5 miles from downtown Pensacola and less than 5 miles from NAS Pensacola, this income-producing triplex offers solid rental performance and strong cash flow. With three units bringing in a total of $3,545 per month, plus an unfinished basement space that could be leased separately for storage, this property presents an excellent investment opportunity. Unit A is a spacious 3-bedroom, 1-bathroom unit upstairs featuring original hardwood floors, a large living room, an eat-in kitchen, and a bright sunroom measuring approximately 12x14. It also includes a gas fireplace that adds charm but is currently non-functional and intended for decorative use only. Unit B, also upstairs, is a 1-bedroom, 1-bath with vinyl flooring, a generously sized eat-in kitchen, and a large bedroom. Unit C, the downstairs unit, was recently renovated and includes granite countertops, recessed lighting, a 6-foot walk-in shower, a comfortable bedroom with an office or flex nook, and a kitchen with stainless steel appliances and updated cabinetry. All units have washer/dryer connections. The roof and all A/C units were replaced in 2022. Tenants pay their own electric. The owner pays for water, which averages $70–$90 per month. The unfinished basement (approximately 37x12) is currently used by the owner but could be converted into a rentable storage space to generate additional income. With steady income in place and a location that offers easy access to downtown, the Navy base, and major thoroughfares, this triplex is a smart addition to any rental portfolio. Some listing photos show the property vacant prior to current occupancy. Additional photos and information, including recent interior pictures, are available upon request.

Listing Agent

Matthew Jones

KELLER WILLIAMS REALTY GULF COAST Listed on: 08/01/2025

KELLER WILLIAMS REALTY GULF COAST

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Parking

  • Circular Driveway

Home Design

  • Triplex
  • Gable Roof Shape
  • Off Grade Structure
  • Frame Construction

Interior Spaces

  • 2,709 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Sun or Florida Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Kitchen

  • Microwave
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Global Learning Academy Elementary School
  • Warrington Middle School
  • Pensacola High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Porch
  • Corner Lot

Community Details

  • 3 Units
  • Mulworth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 332S303302010002

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Parcel Number: 332S303302010002
  • Property Type: Residential Income
  • Year Built: 1948
  • Electric: Circuit Breakers
  • Property Sub Type: Triplex
  • Horses: No
  • Subdivision Name: Mulworth
  • Directions: FAIRFIELD DR TO JACKSON. CONTINUE EAST THROUGH NEW WARRINGTON RD INTERSECTION. HOUSE IS ON THE RIGHT.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Insulation
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Recessed Lighting, Sun Room
  • Window Features: Double Pane Windows, Blinds, Some Blinds
  • Room Kitchen Features: Granite Counters, Laminate Counters, Pantry

Exterior Features

  • Roof: Gable
  • Lot Features: Corner Lot
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Other Structures: Storage
  • Patio And Porch Features: Porch

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Circular Driveway

Utilities

  • Heating: Multi Units, Central, Wall Furnace
  • Cooling: Ceiling Fan(s), Multi Units, Central Air, Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Laundry Features: W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: WARRINGTON

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $365,000 -2.7% $135 / Sq Ft
08/01/2025 08/01/25 For Sale $375,000 -- $138 / Sq Ft
Source: Pensacola Association of REALTORS®

Source: Pensacola Association of REALTORS®

MLS Number: 668657

Pensacola Association of REALTORS®

APN: 33-2S-30-3302-010-002